Articles tagged “low-cost carriers”

Travel Megatrends 2019: Low-Cost Carriers Lose Some Luster

Travel Megatrends 2019: Low-Cost Carriers Lose Some Luster

Brian Sumers, Skift

Customers like low-cost airlines, but no carriers so far have perfected the model for long-haul flights. It’s not clear they ever will.

5 days ago

Ryanair Reorganizes Exec Team as It Falls to Loss

Ryanair Reorganizes Exec Team as It Falls to Loss

Patrick Whyte, Skift

If it's tough for Ryanair, you can imagine how difficult it is for other smaller airlines. With a new group structure, it will be interesting to see how big a part the Irish carrier plays in any consolidation over the course of 2019.

2 weeks ago

Wizz Air Pinched by Fuel Price Rise

Wizz Air Pinched by Fuel Price Rise

Patrick Whyte, Skift

It might have been a difficult quarter for Wizz Air but it remains broadly optimistic. Along with other airlines, it will be hoping that the UK government comes to some form of agreement over Brexit.

2 weeks ago

Norwegian Air Raises $353 Million to Keep Flying

Norwegian Air Raises $353 Million to Keep Flying

Irene García Pérez and Christopher Jasper , Bloomberg

Things don't seem to be getting any better for Norwegian. The money raised will keep it going for now, but any potential buyers will be keeping an eye on how its plan for profitable growth turns out.

3 weeks ago

Ex-United President Is Selected as CEO to Lead IndiGo Into a New Era

Ex-United President Is Selected as CEO to Lead IndiGo Into a New Era

Raini Hamdi, Skift

IndiGo’s appointment of veteran airline CEO Ronojoy Dutta to lead its aggressive expansion, particularly into new long-haul territory, is a fresh departure from the woes of non-happening Air India or Jet Airways.

3 weeks ago

British Airways Rules Out Further Norwegian Offer

British Airways Rules Out Further Norwegian Offer

Patrick Whyte, Skift

Is this the end of the story? We're willing to bet that this one still has more twists and turns to come.

3 weeks ago

Drone Incidents at Gatwick Cost EasyJet $12.9 Million in Revenue in December

Drone Incidents at Gatwick Cost EasyJet $12.9 Million in Revenue in December

Christopher Jasper and Irene García Pérez, Bloomberg

EasyJet was sitting pretty last year after the demise of some of its rivals, but it is finding things much tougher now. Airfares are falling, and although the threat of a disorderly Brexit is having little impact at the moment, that might change as March 29 gets closer.

4 weeks ago

Ryanair Issues Profit Warning as Fares Tumble

Ryanair Issues Profit Warning as Fares Tumble

Christopher Jasper, Bloomberg

Ryanair's lowered guidance is a sign of how tough things are for European airlines at the moment. Fortunately, the airline is still highly profitable; the same can't be said for some of its smaller rivals.

4 weeks ago

Ryanair Closes Vacations Website

Ryanair Closes Vacations Website

Patrick Whyte, Skift

When Ryanair launched its holidays division, we said travel companies shouldn't lose too much sleep over it. We were right.

1 month ago

Vietnam’s Bamboo Airways to Start Its First Commercial Flights

Vietnam’s Bamboo Airways to Start Its First Commercial Flights

Nguyen Kieu Giang, Bloomberg

Vietnam's aviation market is highly competitive with local and foreign airline competitors. Given the growth of the market, there just might be room for a new lost-cost entrant within a crowded field if it has something different to offer.

1 month ago

Air Baltic May Expand Beyond the Baltics With Help From Private Equity

Air Baltic May Expand Beyond the Baltics With Help From Private Equity

Christopher Jasper, Bloomberg

Air Baltic has had surprising success considering its ownership — the Latvian government — and its small scale. Now, it wants to expand to other European markets, with some investment from private equity. But does Europe need more air capacity?

1 month ago

Sun Country: Inside America’s Most Unusual Airline

Sun Country: Inside America’s Most Unusual Airline

Brian Sumers, Skift

We always hear airlines are a scale business. So can an airline with 30 airplanes and a measured growth plan succeed? We're not sure, but we'll be watching.

1 month ago